Silicon Valley

Software Company KinoTek™ Closes Multi-Million Dollar Seed Round by Securing leAD Lake Nona Sports and Health Tech Fund as Lead Investor

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Wednesday, October 6, 2021
Well, Therapy, Silicon Valley, Sport, MSK, Patient, Fund, Ministry of Health & Wellness, Hospital, CEO, Principal, Rehabilitation, Communication, Silicon, Technology, Justin, Machine learning, Movement, PT, GLOBE, Video game, Medical imaging

ORLANDO, Fla., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Today, the digital health platform KinoTek announced its US$2.1 million seed round.

Key Points: 
  • ORLANDO, Fla., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Today, the digital health platform KinoTek announced its US$2.1 million seed round.
  • The round was led by the Lake Nona Fund, an early-stage fund that invests in ambitious and innovative founders and companies from the Sports & Health Tech world.
  • KinoTek is the first startup to receive significant funding from the Lake Nona Fund.
  • The Portland, Maine-based software company was originally selected from nearly 500 startups into the leAD Lake Nona accelerator program in 2020 and is one of the program's first graduates.

Automotive Industry and Investor Confidence Boosts Tekion Value to $3.5 Billion

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Tuesday, October 5, 2021
Technology, Other Retail, Automotive, General Automotive, Automotive Manufacturing, Other Automotive, Software, Manufacturing, Internet, Retail, Cloud, Software as a service, Adoption, Partnership, Silicon Valley, ARC, Trust, Machine learning, Ageing, OEM, Original equipment manufacturer, Multimedia, Dealership management system, Hyundai Motor Company, Advent International, CEO, CA, Growth, IOT, Silicon, Technology, Architecture, DMS, General partnership, MIT Center for Digital Business, Industry, Video game, Video game console

Tekion, innovator of the Automotive Retail Cloud (ARC), the first and fastest end-to-end cloud-native automotive SaaS platform, today announced a Series D financing round of $250 million, driving Tekions valuation to $3.5 billion.

Key Points: 
  • Tekion, innovator of the Automotive Retail Cloud (ARC), the first and fastest end-to-end cloud-native automotive SaaS platform, today announced a Series D financing round of $250 million, driving Tekions valuation to $3.5 billion.
  • This strong round of funding validates industry and investors belief in Tekions disruption and our exceptional team of innovators.
  • With this new round of Series D funding, Tekion is well-positioned to continue its unprecedented growth and market penetration.
  • Disrupting a 50-year reliance on aging Dealer Management System platforms, Tekion has challenged the paradigm with the first and fastest cloud-native automotive retail platform, Automotive Retail Cloud (ARC).

Panzura CEO Jill Stelfox Named Transformation Leader of the Year

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Wednesday, September 29, 2021
Cloud, Government, Swedish Business Awards, Globe Award, Center of excellence, Silicon Valley, Consumer, Woman, Gold, HP, Cisco Systems, Aptum Technologies, Stelfox, Juniper Networks, LinkedIn, Environment, Twitter, Industry, Reliance Retail, Happiness, CEO, Face, Center, Security, IBM, Fear, Leadership, IPRA Golden World Awards, Silicon, SAN, Uncertainty, Silver, Organization, Fannie Mae, SAP, Acceleration, Women's World Award, Newage, Univision Communications, Management, Video game

SAN JOSE, Calif., Sept. 29, 2021 /PRNewswire-PRWeb/ -- Panzura CEO Jill Stelfox has been named Transformation Leader of the Year for 2021 in the 14th Annual Women in Business and the Professions Awardsthe Women World Awards.

Key Points: 
  • SAN JOSE, Calif., Sept. 29, 2021 /PRNewswire-PRWeb/ -- Panzura CEO Jill Stelfox has been named Transformation Leader of the Year for 2021 in the 14th Annual Women in Business and the Professions Awardsthe Women World Awards.
  • Her selection was based on extraordinary leadership through a year of fundamental change that has seen Panzura emerge as a market leader boldly breaking through barriers.
  • Panzura has achieved a Net Promoter Score of 87, and employee engagement and happiness have also reached new highs.
  • Panzura is a trademark or registered trademark of Panzura LLC in the United States and/or other countries.

Neel Mehta and Charlie Klene Join G2 Venture Partners as Investors

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Wednesday, September 29, 2021
Professional Services, Technology, Other Professional Services, Other Technology, Finance, Consulting, World Red Cross and Red Crescent Day, Shell, Philosophy, Salesforce, Silicon Valley, MIT, Partner, Transport, Boston Consulting Group, American Red Cross, Amazon, Board, Morgan Stanley, Acquisition, HNA Technology Investments Holdings, Silicon, Harvard Business School, FP, Public policy, Technology, Mechanical engineering, Corporate development, Management, Renewable energy

Today G2 Venture Partners, a venture capital firm building and supporting technology companies digitizing traditional industries, announced the hiring of Neel Mehta and Charlie Klene.

Key Points: 
  • Today G2 Venture Partners, a venture capital firm building and supporting technology companies digitizing traditional industries, announced the hiring of Neel Mehta and Charlie Klene.
  • Charlie Klene also joins G2 Venture Partners as an Investor.
  • "I am thrilled to have the opportunity to join the G2 team, with its decades of experience sustainably transforming traditional industries.
  • G2 Venture Partners is a venture and growth firm focused on emerging technologies driving sustainable transformation across traditional industries.

ClickHouse, Inc. Announces Incorporation, Along With $50M In Series A Funding

Retrieved on: 
Monday, September 20, 2021
Data Management, Security, Technology, Mobile, Wireless, Software, Networks, Internet, Benchmark, Adoption, CTO, Salesforce, EBay, Silicon Valley, Confluence, DBMS, Google, Uber, Cisco Systems, Comcast, Database, ClickHouse, Product Development Technologies, SQL, CEO, Index Ventures, Silicon, Elastic, Imagination, Time, Datadog, Video game, Public relations

ClickHouses technology was first developed over 10 years ago at Yandex, Europes leading internet service corporation.

Key Points: 
  • ClickHouses technology was first developed over 10 years ago at Yandex, Europes leading internet service corporation.
  • It was initially created to power Yandex.Metrica, the second-largest web analytics platform in the world.
  • While the systems at the time offered a server throughput of a hundred thousand rows per second, ClickHouse increased that speed to hundreds of millions of rows per second.
  • Forming ClickHouse Inc. will allow us to focus on making the product even more powerful, especially when deployed in cloud environments.

Evolving Work Practices of Remote Working Supported by Technology Drives Flexible Workspace Market, Transparency Market Research

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Wednesday, September 15, 2021
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The evolving corporate landscape with changing work practices supported by the availability of high-speed Internet even in remote locations is driving the flexible workspace market .

Key Points: 
  • The evolving corporate landscape with changing work practices supported by the availability of high-speed Internet even in remote locations is driving the flexible workspace market .
  • The flexible workspace market in Asia Pacific is anticipated to expand at a significant growth rate in the near future.
  • The growing trend of working remotely in large corporations valued by employees has extended into the concept of flexible workspace.
  • The entry of startups in large numbers mostly for technology and services is creating profitable avenues in the flexible workspace market.

Evolving Work Practices of Remote Working Supported by Technology Drives Flexible Workspace Market, Transparency Market Research

Retrieved on: 
Wednesday, September 15, 2021
Budget, SME, IWG plc, Technology, CAGR, Silicon, Adoption, Infection, Employment, BE, Silicon Valley, IWG, Work, Growth, COVID-19, Partnership, Time, JustCo, Trial balance, Maintenance, Retail

ALBANY, N.Y., Sept. 15, 2021 /PRNewswire/ -- Flexible Workspace Market – Overview

Key Points: 
  • The evolving corporate landscape with changing work practices supported by the availability of high-speed Internet even in remote locations is driving the flexible workspace market .
  • The flexible workspace market in Asia Pacific is anticipated to expand at a significant growth rate in the near future.
  • The growing trend of working remotely in large corporations valued by employees has extended into the concept of flexible workspace.
  • The entry of startups in large numbers mostly for technology and services is creating profitable avenues in the flexible workspace market.

Exabeam Opens Office in 'Silicon Valley of Maharashtra' Pune, India to Support Cloud Offering Demand

Retrieved on: 
Wednesday, September 15, 2021
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"In the new reality of hybrid work and highly-distributed data and networks, Exabeam's cloud offerings have become highly sought after.

Key Points: 
  • "In the new reality of hybrid work and highly-distributed data and networks, Exabeam's cloud offerings have become highly sought after.
  • In the last quarter alone, we saw 90% of new customers select our advanced security analytics and automation products in the cloud," said Adam Geller, chief product officer, Exabeam.
  • "We are excited to welcome new site reliability engineers (SREs) in the region to our team to further bolster our globally available and resilient cloud service offering."
  • As part of the India office opening, Exabeam has appointed Ashish Pradhan as vice president of engineering in Pune.

P&G Accelerates Action on Climate Change Toward Net Zero GHG Emissions by 2040

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Tuesday, September 14, 2021
Home Goods, Manufacturing, Cosmetics, Environment, Retail, Other Science, Supply Chain Management, Science, Other Natural Resources, Utilities, Office Products, Alternative Energy, Natural Resources, Energy, Other Retail, Other Manufacturing, Packaging, Specialty, Zero, P&G, 8-K, RTC, Head, Silicon Valley, Policy, Shoulder, Solution, United States Environmental Protection Agency, Climate, Renewable resource, PG, Water, Science, Forest, Forward-looking statement, Securities Exchange Act of 1934, Ariel, Private Securities Litigation Reform Act, World, National, Leadership, Blog, Silicon, Climate change, America's Climate Security Act of 2007, NYSE, Ambition, Senior, Pampers, Goal, Efficiency, Family, Technology, Procter & Gamble, Electricity, Human, Deep Decarbonization Pathways Project, CO2, World Wide Fund for Nature, ESG, Carbon, Coalition, Industry, Transport, Multimedia, Partnership, Securities Act of 1933, GHG, Steam, News, Ambi, Head & Shoulders, Renewable energy, Sales, Risk management, Agriculture, Phosphorus

Our science-based plan to net zero will prioritize cutting most of our emissions across our operations and supply chain, from raw material to retailer.

Key Points: 
  • Our science-based plan to net zero will prioritize cutting most of our emissions across our operations and supply chain, from raw material to retailer.
  • We have joined the UNs Race to Zero and the Business Ambition for 1.5C campaigns and are also sharing our new Climate Transition Action Plan , which outlines a comprehensive approach to accelerating climate action and the key challenges ahead.
  • Our top priority is to significantly reduce GHG emissions as quickly as possible with solutions that exist today.
  • As we continue to reduce emissions, we are also advancing natural climate solutions to balance any remaining emissions from our operations that cannot be eliminated by 2030.

Tekion Approved by Toyota Motor North America, Inc. in Its Toyota DMS Integration Program

Retrieved on: 
Thursday, September 9, 2021
Technology, Automotive, General Automotive, Automotive Manufacturing, Specialty, Software, Manufacturing, Internet, Retail, Online Retail

Tekion, a transformative cloud-native platform company currently focused on the automotive retail industry, today announced its newest integration with original equipment manufacturer (OEM) Toyota Motor North America, Inc. (TMNA).

Key Points: 
  • Tekion, a transformative cloud-native platform company currently focused on the automotive retail industry, today announced its newest integration with original equipment manufacturer (OEM) Toyota Motor North America, Inc. (TMNA).
  • View the full release here: https://www.businesswire.com/news/home/20210909005306/en/
    Tekion approved by Toyota North America, Inc. in its Toyota DMS integration program (Graphic: Business Wire)
    With this approval, Toyota and Lexus dealers in the United States can now select Tekions Automotive Retail Cloud (ARC) as their dealer management system (DMS) provider.
  • Napoleon Rumteen, SVP of Commercial Operations at Tekion, stated, Were delighted to partner with Toyota and Lexus dealers across the country.
  • Tekion is completely revolutionizing the auto retail industry, said Steve Irick, Chief Operations Officer at Desert Sun Toyota.